5 slots were allocated. “FSRU Toscana” Terminal received a very positive response

The procedure for the allocation of capacity for the regasification and storage bundled service referred to the Storage Gas Year 2016/2017 – as per in Art. 1 of the Decree of the Minister of Economic Development dated 25th February 2016 was successfully completed.

The tender, launched by the company OLT Offshore LNG Toscana, received a very positive response; twelve different companies presented an offer and, taking into account the operational limits in the injection phase of the natural gas in the storage, it was possible to allocate five slots, one in the month of June, two in July and two in August, for a total quantity of GNL equivalent to about 440 million cubic meters of gas which will be sent to Stogit storage system.

OLT is particularly pleased with the outcome of the tender. This represents a result which can be interpreted positively both in terms of market recovery and as the progressive accreditation of the plant in the chain of Liquefied Natural Gas. Furthermore, we are happy to being able to participate at this measure and thereby contribute to the security of energy supplies in Italy.